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Cencora, Inc. (COR) vs US Gas Price
Correlation
of % moves
-21%
In sync
of periods
53%
History
weeksweeks · through 2026-21
174
These move in the same direction about 53% of the time
Their swing sizes only faintly mirror each other (~4% of the pattern is shared).
Roughly random — these don't track each other in a meaningful way.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
US Gas Price moves ~8 weeks before COR
Watch US Gas Price for an early read on COR.
Holds in both up and down markets
The relationship is similar whether prices are rising or falling — reliable in both directions.
Flips between sync and inverse
Sometimes the two move together, sometimes opposite. Don't treat this as a stable signal.
Advanced
Statistics
In sync(i)
52.9%
Headline metric
Movement correlation(i)
-21%
Based on % moves
95% CI
-34% → -6%
Likely range of correlation
Pipeline
Pipeline Summary
174 paired data points survived the weekly window.
Raw input
834
1,860
Normalized
834
1,860
Prepared
175
1,860
Aligned
174
174
Invalid removed
R²(i)
4.2%
Variance explained
Significance
p < 0.01
Statistical confidence
Data points
174
Usable
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -12 to 12 weeks.
Selected shift
-8 weeks
Correlation at this shift
-34%
+14% stronger than no-shift baseline
US Gas Price shifted 8 weeks later. Reads: "Does Cencora, Inc. (COR) today line up with US Gas Price 8 weeks ago?"
156 overlapping points at this shift
Baseline
-21%
No-shift correlation, matching the main time-series chart above.
Peak shift
-8 weeks
-34%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
-5%
48 periods · Return correlation when both series rose
Both Falling
+24%
43 periods · Return correlation when both series fell
Diverging
-71%
81 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,687
A: 1 / B: 1686
Series A
Cencora, Inc. (COR)
COR
Stock · 834 raw → 175 prepared
Series B
US Gas Price
GASREGW
FRED · 1,860 raw → 1,860 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
5
Estimated crossover points between normalized spreads.
Slope
-0.1527
Linear regression slope.
Intercept
0.0020
Linear regression intercept.
Saved 3 weeks ago · ID: fred-gasregw_stock-cor_weekly_5y